Flat for auction - Mohal Bhagwati Nagar - Bhagwati - Shimla by Canara

Property for Auction in Bhagwati Nagar, Shimla, Himachal Pradesh

Property Type IconProperty Type:
Flat
Location IconLocation:
Bhagwati Nagar, Shimla
Auction Date IconAuction Date:
31-07-2025 11:30 AM

Auction Details

Auction ID:532436

Bank Name:Canara Bank

Branch Name:Recovery & Legal Section, Circle Office

Reserve Price:16,50,000

EMD:1,65,000

Service Provider:BAANKNET

Important Dates

Submission Date:30-07-2025 05:00 PM

Bid Start Date:31-07-2025 11:30 AM

Property Description

Discover a semi-furnished flat nestled in the desirable Bhagwati Nagar area of Shimla, Himachal Pradesh, offering approximately 33.60 square meters of covered area. Situated on the first floor of a four-storey building, this well-positioned flat comprises two rooms, a kitchen, a bathroom, and a balcony. Located on the hill side towards Janjhiri, the property benefits from the serene environment and natural beauty characteristic of Shimla. The flat is part of a larger land parcel situated at Mohal Bhagwati Nagar, Tehsil Shimla (Rural), District Shimla. This property represents a fantastic opportunity for first-time homebuyers or investors looking to own a piece of paradise in one of India's most popular hill stations, offering both a peaceful residence and potential for appreciation.

State:Himachal Pradesh

City:Shimla

Area:Bhagwati Nagar

Asset Category:Residential

Auction Description

This SARFAESI auction presents a unique opportunity to acquire a residential flat in the scenic locale of Bhagwati Nagar, Shimla, Himachal Pradesh. The auction, conducted by Canara Bank, will take place on July 31, 2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price for this property is set at ₹1,650,000, with an Earnest Money Deposit (EMD) of ₹165,000 required to participate. Prospective buyers must submit their applications by July 30, 2025, at 5:00 PM. For inquiries, interested parties can contact Sh. Varun Mittal, Chief Manager, at 8091503056 or 8580601020. This is an excellent chance for new buyers to enter the Shimla property market, potentially securing a valuable asset at a competitive price through a transparent and regulated banking process. Familiarize yourself with the auction terms and conditions available via the provided sale notice URL.

Borrower Name:Sh. Hemant Sharma

Auction Type:SARFAESI Auction

Contact Details

Contact Sh. Varun Mittal Chief Manager, M.: 8091503056, 8580601020

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